Reference is made to the Norwegian Group’s results announcement for the third quarter of 2024 on 25 October 2024, in which the company provided a results outlook forecasting a group operating profit (EBIT) of NOK 2.1 to 2.4 billion for the full-year of 2024 assuming an average USDNOK exchange rate of 10.70 for the full year. The company also forecasted that unit cost excluding fuel, measured in NOK, would increase by a low-single digit percentage compared to 2023. The year-end USDNOK exchange rate was 11.35.  

The company is now forecasting a group operating profit (EBIT) for the full-year of 2024 of approximately NOK 1,850 million. The deterioration is predominately the result of balance sheet adjustments relating the weakening of the NOK against the USD during the fourth quarter. Other losses/gains amounted to a net loss of approximately NOK 200 million in the fourth quarter and was driven by non-recurring effects related to the translation to NOK of future USD-denominated operating liabilities recorded on the balance sheet as of 31 December 2024. Other losses/gains for the full-year of 2024 amounted to a net loss of approximately NOK 290 million, compared to a net loss of NOK 35 million for 2023. In addition, the weakening of the NOK against the USD has resulted in increased costs for operating expenses, aircraft lease and depreciation in the fourth quarter of approximately NOK 75 million, compared to when the company announced its previous results outlook. 

Unit cost excluding fuel, measured in NOK, is forecasted to increase within the previous guidance at 4 percent compared to the previous year.  

The company will publish its results for the fourth quarter and full-year 2024 on Friday 13 February 2025. 

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 13 January 2025
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 13 January 2025 at 08:00 CET

In December, Norwegian had 1,476,256 passengers, while Widerøe had 293,257 passengers, totalling 1,769,513 for the group. Capacity for Norwegian was up 24 percent, while the load factor was somewhat down from last year. During the year, over 26.4 million passengers travelled with Norwegian and Widerøe.

“We are pleased to close out the year with a solid December performance for the group. We kicked off 2024 with the very successful acquisition of Widerøe and continued with significant capacity growth throughout the year by adding new routes and destinations. I am proud that Norwegian has managed to attract over 2 million new passengers during 2024, demonstrating the continuous improvement and relevance in our product. Over ten percent customer growth for both Norwegian and Widerøe is substantial, and I want to thank all my colleagues for their great work in achieving this,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 2,491 million seat kilometres, up 24 percent from last year. Actual passenger traffic (RPK) was 2,049 million seat kilometres, increasing 22 percent from December 2023. The load factor was 82.2 percent, down 1.4 percentage points from the same period last year. Unit revenue was somewhat down compared to last year, predominately due to the 10 percent increase in sector length. Norwegian operated an average of 73 aircraft during December.

An operationally challenging month

December had several operational challenges for Norwegian, mainly due to weather and operational issues at airports throughout Europe and the Nordics. The regularity, meaning share of scheduled flights taking place, was 98.8 percent, down 0.7 percentage points. Punctuality, meaning share of flights departing within 15 minutes of scheduled time, saw a small increase of 0.3 percentage points, and ended at 70.7 percent.

“Operationally December has, to a large extent due to winter weather conditions, been a challenging month. We will continue to work hard to make sure our customers get to their destinations on time. While our punctuality performance this year could be better, I am pleased that Norwegian is once again named among the top five most punctual airlines in Europe in 2024,” said Geir Karlsen.

In December, the Oslo District Court ruled fully in Norwegian’s favour, stating that Norwegian was not obliged to fulfil its EU ETS obligations during the reconstruction in 2020. In addition, the court ruled that the penalty of an amount close to NOK 400 million was unlawful and that Norwegian is entitled to a full refund of this penalty plus interest. The court ruling is not yet final.

For Widerøe, the capacity (ASK) in December was 152 million seat kilometres, up 2 percent from last year. The actual passenger traffic (RPK) was 111 million seat kilometres, while the load factor was 73.3 percent, up 2.6 percentage points from December last year. Widerøe set a new record in 2024 for the number of passengers flown at 3.8 million passengers.

See detailed traffic figures in the attached PDF.

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 7 January 2025
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 7 January 2025 at 08:00 CET.

Reference is made to the stock exchange announcement dated 24 September 2021 and subsequent announcements made on 16 December 2022 and on 2 March 2023, in which Norwegian Air Shuttle ASA (“Norwegian”) announced that it would seek judicial review on whether it was obliged to surrender EU ETS allowances in full despite being subject to reconstruction in the Norwegian courts, and whether the penalty imposed on Norwegian for not doing so is valid.

The Oslo District Court has today rendered its judgement in the proceedings. The court found that Norwegian was entitled to fulfil its EU ETS obligations for 2020 by offering dividend corresponding to the allowance obligations. The court also ruled that the penalty for the failure to meet the EU ETS obligations for 2020 was unlawful. As announced in a stock exchange announcement on 2 March 2023, Norwegian paid the penalty amount of close to NOK 400 million to avoid enforcement and reserved its rights to claim return of this amount plus interest following a final conclusion. Thus, Norwegian is entitled to a full refund of the penalty amount, including interest currently amounting to NOK 82.6 million, if the decision becomes final and enforceable. In addition, Norwegian was awarded compensation for legal costs amounting to NOK 9.8 million.

“This judgement confirms our understanding of the law, and we are grateful that the court recognised the unique circumstances surrounding our reconstruction and the constraints it placed on our ability to meet certain obligations. This outcome allows us to concentrate fully on our ongoing commitment to reducing our climate footprint,” said Geir Karlsen, CEO of Norwegian.

The judgement from the Oslo District Court supports the views of other stakeholders and experts. When Norwegian was informed about the potential penalty in 2021, the Reconstructor in Norway, Håvard Wiker, was in dialogue with both the Norwegian Environmental Agency and the Attorney General of Civil Affairs. In this dialogue the Reconstructor clarified that Norwegian was under reconstruction and was not allowed to fulfil its EU ETS obligations, and that doing so could entail criminal liabilities. In the parallel Irish examinership process, the Irish High Court ruled, in accordance with the view of the Irish Examiner, that EU ETS obligations are subject to cram down.

The judgement from the Oslo District Court is not final. Norwegian will make a stock exchange announcement when the judgement is final, depending on whether the Ministry of Climate and Environment files an appeal to the Court of Appeal. For further information, please see notes regarding Contingencies and Legal Claims in the latest Quarterly Report and the Annual Report of 2023.

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA 
Fornebu, 20 December 2024

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

In November, Norwegian had 1,531,361 passengers while Widerøe had 326,041 passengers, totalling 1,857,402 for the group. Capacity for Norwegian was up a solid 28 percent, while the load factor remained stable. Average flying distance increased by 17 percent compared to last year as the network includes more routes to warm winter and arctic tourism destinations.

“We are pleased that Norwegian delivered a small increase in load factor while at the same time achieving substantial double digit capacity growth compared to last year. This demonstrates that our winter programme is being received well by our passengers. Despite the unit revenue being impacted by a substantial increase in average flight distance, the unit cost is also substantially lower. November brought several days of challenging weather conditions that affected our operations. I would like to thank our colleagues for persevering and helping us achieve a satisfactory operational performance. Booking momentum appears encouraging, especially for the busy Christmas travel season, and also as a result of successful marketing campaigns,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 2,556 million seat kilometres, while actual passenger traffic (RPK) was 2,109 million seat kilometres, both increasing by 28 percent from November 2023. The load factor increased by 0.1 percentage point from the same period last year, to 82.5 percent. In November, Norwegian operated with a regularity, meaning the share of scheduled flights taking place, of 99.1 percent. Punctuality was 81.0 percent, down 5.8 percentage points from November last year. Norwegian operated an average of 75 aircraft during November.

Norwegian top three in global SAF observatory

This week, the Sustainable Aviation Fuels (SAF) Observatory report was published by advocacy group Transport & Environment, ranking Norwegian among the top three airlines globally on sustainable aviation fuels commitment. The report highlights Norwegian’s commitment to e-Fuels as one of the key factors for the podium placement.

“We are very pleased with the ranking, which recognises Norwegian’s choices regarding sustainable aviation fuels. However, we see that the result from this report shows that aviation still has a long way to go, and we need greater support from the EU and local governments in the transition to cleaner fuels going forward. Today, alternative fuels remain too expensive. To mitigate risk for producers wanting to focus on sustainable aviation fuels, we need increased regulatory support. We also need corporate and public customers to follow the Norwegian Armed Forces example and commit to voluntary sustainable aviation fuel agreements,” said Geir Karlsen.

For Widerøe, the capacity (ASK) in November was 165 million seat kilometres, up 3 percent from last year. The actual passenger traffic (RPK) was 118 million seat kilometres, while the load factor was 71.3 percent, up 5.2 percentage points from November last year.

See detailed traffic figures in the attached PDF.

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 5 December 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 5 December 2024 at 08:00 CET.

November 25, 2024 - Reference is made to the stock exchange release published by Norwegian Air Shuttle ASA (the “Company”) on November 18, 2024, regarding a contemplated buy-back of the zero-coupon senior unsecured NOK 3,229,575,526 bond issue maturing 30.09.2026 (Retained Claims Bonds with ISIN NO0010996457).

The “Reverse Dutch Auction” closed at 16:00 CEST, November 22, 2024. The Company has decided to accept all offers up to and including a price of 92.000% of par value (the “Buy-Back Price”).

The Company hereby confirms to buy back bonds with a total nominal value of NOK 72,656,042 by paying the Buy-Back Price. Cash settlement for the repurchase is expected to occur on November 28, 2024. Following the buy-back, the Company holds zero-coupon Retained Claims Bonds (ISIN: NO0010996457) for a total nominal amount of NOK 73,557,332. The acquired bonds will be cancelled following settlement.

DNB Markets acted as Manager for the buy-back. 

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 25 November, 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 25 November 2024 at 08:00 CET. 

Important information: The release is not for publication or distribution, in whole or in part directly or indirectly, in or into Australia, Canada, Japan or the United States (including its territories and possessions, any state of the United States and the District of Columbia) or in any other jurisdiction where such publication or distribution is unlawful. It is issued for information purposes only, and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"). The securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the US Securities Act.

Norwegian and Strawberry’s new digital loyalty currency, Spenn, has been launched in the Nordic market. Spenn will make it easier to earn and use points across loyalty programmes, beginning with flights and hotel stays. 

Norwegian and Strawberry’s loyalty programmes are now using Spenn. The ambition is to create a loyalty currency that can be used across a wide range of well-known brands and partners in the Nordics. Norwegian Reward members will be able to earn and use Spenn on flights and hotel stays. Eventually, members will also be able to earn and use Spenn with several new partners. 

“We’ve been looking forward to this day since we first announced our collaboration with Strawberry. We want to challenge established loyalty programmes with Spenn, by creating a loyalty currency that gives our members flexibility and choice beyond what is currently available in the market. Spenn will give all our, and Strawberry’s, members more and better experiences going forward,” said Geir Karlsen, CEO of Norwegian. 

Starting today, members of both Norwegian and Strawberry’s loyalty programmes, about seven million members in total, can download the Spenn app. With a few simple steps, they can connect their existing Norwegian and Strawberry membership accounts and start earning and spending Spenn immediately. Norwegian Reward members will gain access to Spenn gradually throughout the launch day. 

About Spenn and Norwegian Reward

Norwegian Reward members will earn Spenn on their flights from now on. Previously earned CashPoints will still be available for use with Norwegian and its partners as before. Those qualifying for Norwegian Reward benefits will keep these, but the “extra CashPoints” benefit will be replaced with an “extra Spenn” benefit. It is still possible to earn CashPoints with the Bank Norwegian card and a number of other Norwegian Reward partners. 

Members can use Spenn to part-pay from launch. Just like with CashPoints, Spenn can be used on all Norwegian flights with seat availability with no minimum spend.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 19 November 2024
Norwegian Air Shuttle ASA

November 18, 2024 – Norwegian Air Shuttle ASA (the “Company”) is contemplating a buy-back of the zero-coupon senior unsecured NOK 3,229,575,526 bond issue maturing 30.09.2026 (Retained Claims Bonds with ISIN NO0010996457).
 
DNB Markets is acting as Manager of the buy-back. The buy-back will be conducted as a “Reverse Dutch Auction”, where the Company, through the Manager, will receive offers for desired volume(s) at desired price(s) for sale from bondholders on a confidential basis. The Company reserves the right to accept any volume up to an accepted price, or to reject all received offers in the contemplated buy-back.

Eligible bondholders are hereby invited to provide offers for sale of all or a portion of their bonds through submission of the attached bondholders offer form (the “Bondholders Offer Form”). Due date for submission is 16:00 CET, November 22, 2024. Prior to 09:00 CET, November 25, 2024, the Company will decide upon the highest Buy-Back Price (the “Buy-Back Price”) the Company accepts and consequently the total amount of bonds to be purchased, if any. 

All bondholders with offers equalling the Buy-Back Price or lower will receive the Buy-Back Price on allocated amounts up to the amounts offered within the accepted maximum price. The Company may in its sole discretion reduce the number of Bonds to be acquired on a pro rata basis for Bonds offered at the Buy Back Price. Cash settlement is set to November 28, 2024.
 
The acquired bonds will be cancelled following settlement. The Company will only accept offers from bondholders or beneficial owners (or any person acting as agent, custodian, fiduciary or in another intermediary capacity for a bondholder or beneficial owner) who is not a U.S. person (as such term is defined pursuant to Regulation S under the US Securities Act of 1933, as amended) and who is outside the United States. Other offer and distribution restrictions apply, as further set out in the Bondholders Offer Form. 

All submissions of Bondholders Offer Form are to be sent by e-mail to DNB Markets no later than 16:00 CET, November 22, 2024. Contact details:

E-mail: bond.syndicate@dnb.no

The Company may, in its sole discretion, waive, extend, terminate, withdraw or increase the size of the buy-back at any time. Any prospective changes to this offer will be announced on www.stamdata.com. Information about Norwegian Air Shuttle ASA, including company financials and stock exchange releases, can be found on the Company’s investor relation website (https://www.norwegian.no/om-oss/selskapet/investor-relations/).

Please see Bondholders Offer Form attached. 

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 18 November 2024
Norwegian Air Shuttle ASA

In October, Norwegian had 2,197,751 passengers while Widerøe had 372,757 passengers, totalling 2,570,508 for the group. Capacity for Norwegian was up 10 percent, while the load factor was close to 87 percent, resulting in a record load factor this year if we exclude the peak summer month of July.

“This October has been solid, and I am pleased that we have delivered increased unit revenue and load factor, while at the same time delivering double-digit capacity growth. With the winter season and Christmas holidays approaching, we are excited to see a strong booking momentum for both Norwegian and Widerøe. For those travelling for Christmas, we advise booking early to secure their plans. We have just opened our new base in Gran Canaria, which, in addition to the new and exciting leisure routes, will support our operations in the upcoming winter season,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 3,437 million seat kilometres, up 10 percent from the same period last year. Actual passenger traffic (RPK) was 2,982 million seat kilometres, an increase of 11 percent from October 2023. Load factor increased by 0.6 percentage points from the same period last year, to 86.8 percent. In October, Norwegian operated with a regularity, meaning share of scheduled flights taking place, of 99.3 percent. The punctuality was 81.8 percent, down 3.2 percent from October last year, but higher than in the previous months. Norwegian operated an average of 85 aircraft during October.

Widerøe continues to set records

In October, Widerøe continued its record-breaking year by flying 372,757 passengers. This was the result of a solid load factor while at the same time increasing capacity.

“Widerøe continues to go from strength to strength, and I’m impressed to see the good work our colleagues are doing to make sure the product offering appeals to a record number of growing passengers,” said Geir Karlsen.

For Widerøe, the capacity (ASK) in October was 192 million seat kilometres, up 5 percent from last year. The actual passenger traffic (RPK) was 141 million seat kilometres, while the load factor was 73.6 percent, up 5.2 percentage points from October last year.

See detailed traffic figures in the attached PDF.

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 6 November 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 6 November 2024 at 08:00 CET.

On yesterday, 29 October 2024, a total of 332,655 shares were purchased on behalf of employees in Norwegian Air Shuttle participating in the company's Employee Share Savings Plan. The average purchase price was NOK 10.1409 per share. The following shares were purchased on behalf primary insiders in the company.

For Knut Olav Irgens Høeg, Chief IT & Business Services Officer, the company has purchased 663 shares. Following this, Høeg holds 216,043 share options and 241,785 shares in NAS.

For Magnus Thome Maursund, Chief Commercial Officer, the company has purchased 442 shares. Following this, Thome Maursund holds 246,569 share options and 5,867 shares in NAS.

For Hans-Jørgen Wibstad, Chief Financial Officer, the company has purchased 294 shares. Following this, Wibstad holds 563,589 share options and 90,294 shares in NAS.

For Anne-Sissel Skånvik, Chief Communications and Public Affairs Officer, the company has purchased 294 shares. Following this, Skånvik holds 141,597 share options and 50,389 shares in NAS.

For Katrine Gundersen, Employee Representative Board Member, the company has purchased 1,032 shares. Following this, Gundersen holds 4,392 shares in NAS. 

For Eric Holm, Employee Representative Board Member, the company has purchased 442 shares. Following this, Holm holds 1,462 shares in NAS. 

For Geir Olav Øien, Deputy Employee Representative Board Member, the company has purchased 442 shares. Following this, Øien holds 8,050 shares in NAS. 

For Ilze Silina, Deputy Employee Representative Board Member, the company has purchased 294 shares. Following this, Silina holds 73,199 shares in NAS. 

Please see attached notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act. 

Fornebu, 30 October 2024 
Norwegian Air Shuttle ASA 

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

The Norwegian Group delivered an operating profit (EBIT) of NOK 2,128 million in the third quarter of 2024. The quarter was characterised by capacity growth for Norwegian and improving load factors for both airlines within the group. Widerøe contributed solidly and, for the first time ever in a quarter, carried over 1 million passengers.

For the third quarter of 2024, the Norwegian Group delivered an operating profit (EBIT) of NOK 2,128 million, corresponding to an operating margin of 18.4 percent. Profit before tax (EBT) amounted to NOK 2,004 million for the quarter. The liquidity position was NOK 11.5 billion, unchanged from the previous quarter and up 2.1 billion from last year. The Norwegian fleet comprised 86 aircraft at quarter-end, of which 22 were latest technology 737 MAX 8 aircraft. The Widerøe fleet comprised 49 aircraft.

“We are pleased with a solid quarter, showing increased load factors and unit revenues across both airlines, especially considering a 10 percent capacity increase for Norwegian. A record quarter for Widerøe demonstrates that the acquisition is bearing fruits, and we look forward to continuing to develop the significant synergies between the airlines. The booking momentum for the fourth quarter is encouraging across the group, both for leisure and business travel. Norwegian is operating a number of new leisure routes, including Dubai and Egypt, in addition to routes from European cities to the popular winter destinations of Tromsø and Evenes,” said Geir Karlsen, CEO of Norwegian.

The Norwegian Group had 8.2 million passengers in the quarter, of which 7.2 million were passengers of Norwegian and 1.0 million of Widerøe. Compared to the same period last year, the number of passengers increased by 690,000 for Norwegian and 99,000 for Widerøe. For Norwegian, production (ASK) increased by 11 percent to 11.5 billion seat kilometres, while for Widerøe the production decreased by 2 percent. The quarterly load factor for Norwegian was 88.0 percent, up 0.6 percentage points from the same period last year. For Widerøe, the quarterly load factor was 78.0 percent, an improvement of 4.6 percentage points from last year.

Norwegian’s punctuality, measured by the share of flights departing on schedule, was 74.2 percent in the quarter, down from 80.1 percent in the same period last year. While heavily congested European air space and air traffic control (ATC) restrictions negatively impacted punctuality this quarter, 95 percent of all flights arrived within 60 minutes of scheduled arrival time. Regularity, the share of scheduled flights taking place, was 99.5 percent for Norwegian. For Widerøe, punctuality in the quarter was 90.9 percent, while regularity was 96.4 percent.

Continued focus on cost effectiveness

Growth for 2025 is forecasted to slow down from the forecasted capacity growth of 13 percent for 2024. This is due to aircraft delivery delays from Boeing which are expected to worsen due to the Boeing strike. For the summer of 2025, the Norwegian fleet is currently forecasted to increase to around 90 aircraft.

“Going forward we will continue to work on streamlining the operation and identify additional synergies with Widerøe. We will expand our network with new and exciting destinations, while mitigating any challenges posed by the current fleet projections,” said Geir Karlsen.

With strong brand loyalty, highly skilled colleagues throughout the organisation and a solid financial platform, the group is well-positioned to tackle potential short-term fluctuations in demand and to solidify its position as a leading airline group in the Nordics. The addition of Widerøe to the group strengthens the company's customer proposition and outlook through enabling seamless travel across an improved route network offering.

For detailed information, please see attached report and presentation.

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 25 October 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 25 October 2024 at 07:00 CET/CEST.

In September, Norwegian had 2,263,270 passengers while Widerøe had 356,259 passengers, totalling 2,619,529 for the group. The capacity was up 10 percent while the number of passengers rose by 11 percent compared to September 2023. Norwegian responds actively to external challenges impacting the airline by maintaining a strong focus on costs, even with positive September traffic figures.

“I am pleased that we have increased load factors throughout the summer and into the autumn season, while at the same time delivering double-digit capacity growth. The autumn school holiday period in Norway is performing well, and we are looking forward to a busy October ahead and an upcoming winter season with many new and exciting destinations. While we are happy with the performance, we are not complacent. We are actively managing costs to mitigate any upcoming challenges,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 3,541 million seat kilometres, up 10 percent from the same period last year. Actual passenger traffic (RPK) was 3,017 million seat kilometres, an increase of 12 percent from September 2023. Load factor increased by 1.2 percentage points from the same period last year, to 85.2 percent. In September, Norwegian operated with a regularity, meaning share of scheduled flights taking place, of 99.4 percent. The punctuality, meaning share of flights departing within 15 minutes of scheduled time, was 78.6 percent, down 6 percentage points from September last year, in part due to weather and heavy air traffic control restrictions. Norwegian operated an average of 86 aircraft in September.

Boeing strike causes worry

Boeing has been faced with different challenges over the past years, the most recent being the ongoing strike action. Now moving into week four of the strike, more than 30,000 technicians and mechanics have walked out, further impacting an already heavily delayed production schedule.

“The strike is further delaying Boeing deliveries, which were already significantly behind schedule. This will delay our deliveries well into next summer and increase short-term costs, requiring us to prioritise cost-saving measures. We are considering various mitigating actions to overcome the shortage of aircraft, such as lease renewals,” said Geir Karlsen.

For Widerøe, the capacity (ASK) in September was 182 million seat kilometres. The actual passenger traffic (RPK) was 134 million seat kilometres, while the load factor was 73.5 percent, up 6.7 percentage points from September last year.

See detailed traffic figures in the attached PDF.

For further information, please contact: 
Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 4 October 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 4 October 2024 at 08:00 CEST.

In August, Norwegian had 2,369,469 passengers while Widerøe had 340,955 passengers, totalling 2,710,424 for the group. The positive trend continues with a passenger growth of 10 percent from August last year. Norwegian’s load factor was slightly up in a month that had a capacity increase of 11 percent compared to the same period last year.

“I am pleased that we continued the positive trend from July to August. We had a significant increase in capacity year on year, while at the same time improving both the load factor and the yields from August 2023. I would also like to thank our dedicated colleagues for all the hard work they have been putting in throughout the summer,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 3,899 million seat kilometres, up 11 percent from the same period last year. Actual passenger traffic (RPK) was 3,341 million seat kilometres, an increase of 11 percent from August 2023. Load factor increased by 0.4 percentage points from the same period last year, to 85.7 percent. In August, Norwegian operated with a regularity, meaning share of scheduled flights taking place, of 99.5 percent. The punctuality, meaning share of flights departing within 15 minutes of scheduled time, was 76.5 percent, down 5.9 percentage points from August last year. However, 95.9 percent of all flights arrived within 60 minutes of scheduled arrival time. Norwegian operated an average of 86 aircraft in August.

Positive booking momentum

Norwegian is also reporting good booking momentum into the autumn and winter seasons. The launch of several new and exciting routes, in addition to an already extensive network, suggests a busy autumn season lies ahead for Norwegian.

“Norwegian’s autumn sales campaign was well received by our customers. We are excited to see the pace of bookings continuing into the autumn and winter seasons across a good mix of traditionally popular routes and new destinations. The autumn school holiday weeks are beginning to look quite busy with many popular destinations filling up rather quickly,” said Geir Karlsen. 

Widerøe had a strong performance in August with an 8 percent increase in passengers. The regional airline also reports solid booking momentum for the coming months across their entire network.

For Widerøe, the capacity (ASK) in August was 194 million seat kilometres. The actual passenger traffic (RPK) was 148 million seat kilometres, while the load factor was 76.5 percent, up 3.9 percentage points from August last year. 

See detailed traffic figures in the attached PDF.

For further information, please contact:
Hans-Jørgen Wibstad, CFO at Norwegian, Tel: +47 916 89 661

Fornebu, 5 September 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 5 September 2024 at 08:00 CEST.

In July, Norwegian had 2,526,093 passengers while Widerøe had 331,035, totalling 2,857,128 for the group. For Norwegian, this represents a passenger growth of 9 percent from July last year and the highest number of passengers since 2019. Unit revenue equalled the record figure from July last year.

“I am very pleased with the incredible job all our colleagues have been doing during the busiest travel month of the year. Their hard work is reflected across all our numbers, including a record high number of passengers who have chosen to travel with the group. For Norwegian, I am particularly pleased that we that we delivered an improved load factor versus last year while at the same time increasing capacity by 10 percent. We are excited to see a solid booking momentum for August and further into the autumn season,” said Geir Karlsen, CEO of Norwegian.

Norwegian’s capacity (ASK) was 4,068 million seat kilometres, up 10 percent from the same period last year. Actual passenger traffic (RPK) was 3,763 million seat kilometres, an increase of 10 percent from July 2023. Load factor increased by 0.1 percentage point from July 2023 to 92.5 percent, an increase of more than 8 percentage points from the previous month. In July, Norwegian operated with a regularity, meaning share of scheduled flights taking place, of 99.5 percent. The punctuality, meaning share of flights departing within 15 minutes of scheduled time, was 67.6 percent, down 5.6 percentage points from July last year. However, 93 percent of all flights arrived within 60 minutes of scheduled arrival time. During July, European air space was heavily congested with several air traffic control (ATC) restrictions. This resulted in a lower than usual punctuality across European airlines. The airline operated an average of 87 aircraft in July.

Strong month for Widerøe

Widerøe delivered strong traffic numbers for the month of July with a significant improvement from last year. Load factor for the regional airline increased by 4 percentage points compared to July last year, resulting in a load factor of 83.5 percent.

“We are pleased with Widerøe’s continuing positive performance. This July Widerøe had a record high load factor for the month of July. This demonstrates that passengers appreciate the consistent high level of service our Widerøe colleagues are delivering. We look forward to continuously improving the travel experience across the entire Norwegian group for all our passengers”, said Geir Karlsen, CEO of Norwegian.

For Widerøe the capacity (ASK) in July was 201 million seat kilometres. The actual passenger traffic (RPK) was 168 million seat kilometres, while the load factor was 83.5 percent, up 4 percentage points from July last year.

See detailed traffic figures in the attached PDF.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401

Fornebu, 6 August 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 6 August 2024 at 08:00 CEST.

The following primary insiders have on the 17 July purchased shares as follows in Norwegian Air Shuttle ASA:

Mr Lars Boilesen, Board member, has purchased 7,000 shares at a price of NOK 11.47 per share. Following this, Boilesen holds 592,424 shares in the company.

Mr Stephen Kavanagh, Board member, has purchased 9,050 shares at a price of NOK 11.445 per share. Following this, Kavanagh holds 9,050 shares in the company.

Please see attached notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.

Fornebu, 18 July 2024 Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

Primary insider Ms Katherine Sherry, member of the Board of Directors, has today on Wednesday 18 July 2024 purchased 10,078 shares at a price of NOK 11.345 per share. Following this transaction, Ms Sherry holds 37,442 shares in the company.

Fornebu, 18 July 2024 Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

On today, 16 July 2024, a total of 165,798 shares were purchased on behalf of employees in Norwegian Air Shuttle participating in the company's Employee Share Savings Plan. The average purchase price was NOK 11.2261 per share.

On behalf of primary insider Geir Olav Øien, the company has purchased 399 shares. Following this, Øien holds 7,688 shares in NAS.

On behalf of primary insider Eric Holm, the company has purchased 400 shares. Following this, Holm holds 1,020 shares in NAS.

On behalf of primary insider Magnus Thome Maursund, the company has purchased 400 shares. Following this, Thome Maursund holds 246,569 options and 5,425 shares in NAS.

On behalf of primary insider Knut Olav Irgens Høeg, the company has purchased 533 shares. Following this, Høeg holds 216,043 options and 241,122 shares in NAS.

On behalf of primary insider Katrine Gundersen, the company has purchased 799 shares. Following this, Gundersen holds 3,360 shares in NAS.

On behalf of primary insider Christoffer Sundby, the company has purchased 932 shares. Following this, Sundby holds 309,973 options and 342,176 shares in NAS.

Please see attached notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.

Fornebu, 16 July 2024 Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

Primary insider Hans-Jørgen Wibstad, Chief Financial Officer (CFO) at Norwegian Air Shuttle ASA, has today purchased 20,000 shares at a price of NOK 11.15 per share. Following this transaction, Mr Wibstad holds 90,000 shares in the company.

Fornebu, 12 July 2024 Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

The Norwegian Group delivered an operating profit (EBIT) of NOK 593 million in the second quarter of 2024. The quarter was characterised by strong capacity and passenger growth, but also slightly lower demand impacting ticket prices. In the quarter, the company performed well operationally, with improved cost level and strong cash flow.

For the second quarter of 2024, the Norwegian Group had an operating profit (EBIT) of NOK 593 million, corresponding to an operating margin of 6.3 percent. Profit before tax (EBT) amounted to NOK 477 million for the quarter. The liquidity position improved to NOK 11.5 billion at the end of the quarter, up 1.1 billion from the previous quarter. The Norwegian fleet comprised 86 aircraft at quarter-end, of which 22 aircraft were latest technology 737 MAX 8 aircraft. The Widerøe fleet comprised 49 aircraft.

“We have delivered good operations in the second quarter amidst a hectic ramp-up into the summer season, and I am glad that Norwegian in May once again was named Europe’s most punctual airline. Both Norwegian and Widerøe are delivering strong passenger growth. With an increasing number of routes, frequencies and destinations, we look forward to welcoming passengers on board,” said Geir Karlsen, CEO of Norwegian.

In the second quarter, the Norwegian Group had 7.3 million passengers, of which 6.3 million were passengers of Norwegian and 1.0 million of Widerøe. Compared to the same period last year, the number of passengers increased by 680,000 and 122,000 for Norwegian and Widerøe respectively. For Norwegian, production (ASK) increased by 19 percent to 10.3 billion seat kilometres, while for Widerøe the production increased by 2 percent. The quarterly load factor for Norwegian was 82.4 percent, down two percentage points from the same period last year. For Widerøe, the quarterly load factor was 70.2 percent, an improvement of more than five percentage points from last year. The second quarter of 2024 marked the first quarter in which Widerøe is operating under the new public service obligation (PSO) tender contracts that came into effect from 1 April.

"Thanks to the outstanding effort of the entire Norwegian team, we can look back at one of the best quarters in our 21-year history. I am very satisfied that our financial results are strong. We have also delivered an operational performance as one of the absolute top airlines in Europe with a remarkably low number of cancellations and strong on-time performance. Positive feedback from customers shows that Norwegian is the airline they can trust, which is something everyone at Norwegian has worked towards. We were also able to serve all customers the Norwegian way, solely relying on our own crew and aircraft to ensure that they got the Norwegian experience throughout the whole journey. I am confident that we are well prepared to enter into the quieter winter trading period with reduced capacity among other actions," said Geir Karlsen, CEO of Norwegian.

Punctuality, the share of flights departing 15 minutes within schedule, was 80.8 and 91.4 percent for Norwegian and Widerøe respectively. Regularity, the share of flights taking place, was 99.2 and 97.4 percent. Cirium, the global aviation consultancy, named Norwegian Air Shuttle (DY) Europe’s most on-time airline in May and the third most punctual low-cost carrier globally.

Norwegian has launched a total of 27 new and exciting routes for the winter programme ahead. The new routes include Dubai, Agadir and Hurghada, in addition to routes from European cities to the popular winter holiday destinations Tromsø and Harstad/Narvik.

Customers of Norwegian and Widerøe highly value the group's attractive and growing route network. The acquisition of Widerøe and the linking of highly complementary route networks, will further ensure that the airlines remain preferred travel partners throughout the Nordics. Overall production for Norwegian in 2024 is forecasted to grow by approximately 12 percent compared to the previous year. Growth is projected to slow down for the upcoming year due to aircraft delivery delays from Boeing. For the summer of 2025, the Norwegian fleet is currently forecasted to increase to above 90 aircraft.

For detailed information, please see attached report and presentation.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 12 July 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 12 July 2024 at 07:00 CEST.

The Norwegian group will release the financial results for the second and first half of 2024 on Friday 12 July 2024. The report and presentation will be made available at 7:00 CEST at www.norwegian.no/om-oss/selskapet/investor-relations/ and on NewsWeb. The Company will present the results at 8:30 CEST at House of Oslo, Ruseløkkveien 34, Oslo. The presentation will be held by CEO Geir Karlsen and CFO Hans-Jørgen Wibstad.

A live webcast will be available at www.norwegian.no/om-oss/selskapet/investor-relations/.

In addition to questions from the audience, we will open up for questions sent to investor.relations@norwegian.com with subject "Question Q2 presentation". Please note that questions from the audience will be prioritised in the event of time constraints.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA Fornebu, 5 July 2024

In June, Norwegian had 2,245,735 passengers while Widerøe had 346,747 passengers, totalling 2,592,482 for the group. This represents an 11 percent increase in passengers since last June for Norwegian and a 6 percent increase for Widerøe. The group revises its profit outlook for 2024 downwards and provides an updated unit cost forecast.

“I am pleased about the double-digit percentage increase in passengers travelling with Norwegian compared to June last year, as well as the positive passenger figures for Widerøe. Primarily due to a significant capacity increase on longer flights, Norwegian experienced a slight decrease in yield and load factor. We are excited to continue serving a growing number of customers as they embark on their summer holidays,” said Geir Karlsen, CEO of Norwegian.

The capacity (ASK) was 3,706 million seat kilometres, up 18 percent from the same period last year. Actual passenger traffic (RPK) was 3,126 million seat kilometres, an increase of 16 percent from June 2023. Load factor has improved compared to April and May, while being down 1 percentage point from June 2023. In June, Norwegian operated with a regularity, meaning share of scheduled flights taking place, of 99.4 percent. The punctuality, meaning share of flights departing within 15 minutes of scheduled time, was 75.0 percent, down 1.4 percentage points from June last year. However, 96 percent of all flights arrived within 60 minutes of scheduled arrival time. The airline operated an average of 86 aircraft.

Expansion in the North

The last month also saw several route launches from Norwegian. The airline has launched a total of 50 new routes so far this year. In particular, the Northern Norway destinations have increased in popularity. Norwegian has established ten new routes between Northern Norway and European cities.

“We are enthusiastic about the growing interest in Northern destinations from Europe. The extensive networks of Norwegian and Widerøe in Norway, along with our new routes in Sweden and Finland, allow us to connect European travellers with the best that the North has to offer,” said Geir Karlsen.

For Widerøe the capacity (ASK) in June was 185 million seat kilometres. The actual passenger traffic (RPK) was 142 million seat kilometres, while the load factor was 76.8 percent, up 5 percentage points from June last year.

Revised profit outlook for 2024

During its results announcement for the first quarter of 2024 on 24 April, the Norwegian group provided a results outlook forecasting an operating profit (EBIT) of NOK 2.5 to 3.2 billion for the full-year of 2024. The profit outlook excluded any profits from Widerøe, the regional carrier which Norwegian acquired in January of 2024. Unit costs excluding fuel for Norwegian was forecasted to be flat compared to 2023. The USD/NOK exchange rate was assumed to be 10.5.

The group is now forecasting a group operating profit (EBIT) for 2024 of NOK 2.1 billion to NOK 2.6 billion, including Widerøe. The adjustment in the results outlook is predominantly a result of four factors. Firstly, softer traffic demand during the second quarter, with a contraction in both load factor and yield compared to last year. Secondly, a higher than projected wage settlement for pilots following the conclusion of new collective-bargaining agreements this quarter. Thirdly, aircraft delivery delays from Boeing, which has forced the company to source external capacity corresponding to between one and two aircraft during the summer season. And finally, the NOK exchange rate has been weaker as compared to the US dollar. The company is also forecasting unit cost excluding fuel for Norwegian to increase by a low single-digit percentage compared to 2023. The forecasts are based on current foreign exchange and jet fuel forward prices for the remainder of the year.

See detailed traffic figures in the attached PDF.

In May, Norwegian had 2,138,484 passengers, while Widerøe had 333,492 passengers, totalling 2,472,976 for the group. Capacity for Norwegian was up 19 percent compared to May last year, while the load factor was down 2 percentage points to 82 percent. The airline operated an average of 84 aircraft this month, as the summer programme is approaching cruising speed. For Norwegian, May also brought a solid 12 percent increase in passengers compared to last year.

“I’m satisfied with the passenger numbers in May. About 650,000 of our passengers travelled to southern Europe destinations in May. The average flying distance increased 7 percent, demonstrating our significant capacity growth to beach destinations. Our capacity has been significantly increased overall for the summer season, and we look forward to welcoming even more passengers through the busy summer holidays,” said Geir Karlsen, CEO of Norwegian.

The capacity (ASK) was 3,466 million seat kilometres, up 19 percent from the same period last year. Actual passenger traffic (RPK) was 2,843 seat kilometres, an increase of 16 percent from May 2023. Unit revenue including flight related ancillary revenue is estimated at NOK 0.70, down 5 percent from the same period last year. In May, Norwegian operated with a regularity, meaning share of scheduled flights taking place, of 99.5 percent. The punctuality, meaning share of flights departing within 15 minutes of scheduled time, was 86.1 percent, up 1.2 percentage points from May last year.

Widerøe delivering good numbers

Widerøe’s results in May show an increase almost across the board. While the airline keeps similar capacity as previous months, and identical to May last year, they have flown over 10 percent more passengers this year.

“I am very pleased to see Widerøe continuing to deliver good results. The load factor increased an impressive 7 percent, with the majority of the improvement coming on the commercial network. I want to thank the Widerøe team for the great work they are doing”, said Geir Karlsen, CEO of Norwegian.

For Widerøe the capacity (ASK) in May remained unchanged at 179 million seat kilometres. The actual passenger traffic (RPK) was 124 million seat kilometres, an increase of 10 percent from May last year. Load factor ended at 69.4 percent.

See detailed traffic figures in the attached PDF.

After two days of mediation, Norwegian and the Norwegian Pilot Union (NPU) have reached a positive conclusion with a new collective bargaining agreement. As a result, the risk of strike action has been removed. 

“I am pleased that we have reached an agreement, and that we will avoid strike action. First and foremost, the news will come as a relief to our customers who are due to travel with us. All eyes are now on the busy summer season ahead and we look forward to welcoming our customers on board," said Geir Karlsen, CEO of Norwegian.  

The agreement covers 690 pilots employed in Norway.

Unfortunately, due to the previously announced strike action, it is not possible to get new crew in place for all of Norwegian’s flight schedule. Hence, some flights will possibly have to be cancelled this weekend. Passengers whose flights are cancelled will be notified directly.

“Unfortunately, these cancellations are a possible consequence, but we are doing everything in our power to get customers on their way as quickly as possible,” said Geir Karlsen.

Norwegian is now in the summer season and has launched 47 new routes this year. Capacity has increased by 1.6 million seats from last year. In total, the company will fly approximately 500 flights daily on 340 routes to over 120 destinations this summer.

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 1 June 2024 at 06:16 CEST.

Primary insider Karina Deacon, member of the Board of Norwegian Air Shuttle ASA, has today purchased 10,000 Norweigan shares at a price of NOK 14.555 per share. Following the transaction, Ms. Deacon holds 10,000 shares in the company.

Fornebu, 21 May 2024
Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

Primary insider Svein Harald Øygard, Chair of the Board of Norwegian Air Shuttle ASA, has today purchased 40,719 Norweigan shares at a price of NOK 14.30 per share. Following the transaction, Mr Øygard owns 1,925,000 shares in the company.

Fornebu, 16 May 2024 Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

The Annual General Meeting of Norwegian Air Shuttle ASA was held today, 15 May 2024. The meeting was held as a digital meeting.

All the proposals on the agenda were adopted, with the exception of item 15 regarding board authorization to issue convertible loans.

Minutes from the Annual General Meeting are attached to the notice and available at www.norwegian.no/om-oss/selskapet/investor-relations/annual-general/

Fornebu, 15 May 2024 Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Reference is made to the stock exchange announcement dated 22 April 2024, in which the notice to the Annual General Meeting of Norwegian Air Shuttle ASA was sent out.

The Nomination Committee has now made its Recommendations to the general meeting. It is proposed that Ms. Karina Deacon is elected as new member to the Board of Directors. The committee considers that she, with her experience as CFO in a multinational enterprise operation in complex markets, will contribute with strategic thinking and vision, and be a valuable contributor to the Board of Directors of Norwegian Air Shuttle ASA. A biography of Ms. Deacon can be found in the appendix to the Recommendations. It is proposed that Ms. Deacon is elected as a new board member for two years and that she replaces Ms. Ingrid Elvira Leisner, the board member with the longest tenure. The Nomination Committee would like to thank Ingrid Elvira Leisner for her contributions and engagement as a board member of Norwegian.

It is furthermore proposed that Mr. Nils Bastiansen, current member of the Nomination Committee, is elected as new Chair of the committee. Mr. Nils A. Foldal, current Chair of the committee, has opted to step down as Chair and member of the committee.

The complete Recommendations of the Nomination Committee can be found attached to this notice and is also available on the company’s website.

Fornebu, 7 May 2024 Norwegian Air Shuttle ASA

In April, Norwegian had 1,892,362 passengers, while Widerøe had 315,495 passengers, totalling 2,207,857 for the group. Capacity for Norwegian was up 18 percent compared to April last year, while the load factor was 80.3 percent. The airline operated an average of 81 aircraft this month, up from 73 in March, as the summer programme gets up to full speed. Regularity was negatively impacted in April, in large part due to ATC issues in Norwegian airspace.

“April marked a significant ramp up in capacity and we had on average 14 more aircraft in operation compared to the same month last year. The passenger numbers show an increase of 13 percent compared to the same period last year. We are pleased that many customers now book their summer holiday with us and advise customers that have specific dates in mind to book early,” said Geir Karlsen, CEO of Norwegian.

The capacity (ASK) was 3,155 million seat kilometres, up 18 percent from the same period last year. Actual passenger traffic (RPK) was 2,533 million seat kilometres, an increase of 14 percent from April 2023. The load factor for April was 80.3 percent, down three percentage points, in part due to the early Easter that this year predominantly fell in March. Unit revenue including flight related ancillary revenue is estimated at NOK 0.65, down 10 percent from the same period last year. In April, Norwegian operated with a regularity, meaning the share of scheduled flights taking place, of 98.8 percent. 51 percent of all cancelled flights took place on 25 April, with both ATC strikes in Europe and the closure of airspace in Norway having large impacts on Norwegian and other airlines’ operation. The punctuality, share of flights departing within 15 minutes of scheduled time, was 81.3 percent, down two percentage points from April last year.

New routes for Norwegian and Widerøe traffic numbers

April was a month of new destinations for Norwegian. A total of nine new routes had their first take off in April. Istanbul from Oslo, Malaga from Billund and Aarhus, and Alicante from Munich were some of the highlights in a summer programme that includes a total of 47 new routes.

“We look forward to offering our customers a great summer programme with several exciting new destinations. In particular, we are very pleased to deliver an improved offering with added capacity in Denmark, our second largest market. The Danes can look forward to a total of 17 new routes, to destinations like Valencia, Toulouse, Bilbao and Milan. In addition, the Widerøe numbers for April are encouraging, and it’s good to see the hard work from the Widerøe team is bearing fruits,” said Geir Karlsen, CEO of Norwegian.

For Widerøe, capacity (ASK) in April increased to 177 million seat kilometres, an increase of 13 percent compared to April last year. The actual passenger traffic (RPK) was 113 million seat kilometres, while the load factor was 64.1 percent, up 6 percentage points.

See detailed traffic figures in the attached PDF.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401 Hans-Jørgen Wibstad, CFO at Norwegian, Tel: +47 916 89 661

Fornebu, 7 May 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 7 May 2024 at 08:00 CEST.

Norwegian and Strawberry have agreed on a joint platform for their 10-million-member strong loyalty programmes Norwegian Reward and Strawberry. Following the initial announcement in June last year, the arrangement has now been fully agreed and the jointly owned company is up and running.

The value proposition to both the members and partners has been improved compared to what was originally envisioned. The structure of the joint venture has been changed such that a majority of the loyalty programme value remains within Norwegian and Strawberry respectively, and Norwegian will not recognize the initial accounting gain previously announced. In the new setup, Norwegian and Strawberry will each hold 50 percent ownership of the joint company from start. Final closing of the transaction took place today, with a market launch targeted for the second half of 2024. Following this revised transaction structure, the agreement with the financial service partner Avida will be revised to support the structure of the joint venture.

“I am very pleased that we have reached this agreement with Strawberry, to the benefit of our more than 10 million Norwegian Reward and Strawberry members. Our partnership will be a loyalty game changer, with the world’s first multi-partner rewards points ecosystem with a single loyalty currency. This will give members the opportunity to earn and use a shared loyalty currency across participating programmes and their partners. I am truly excited to share this exciting news with our members, and not least to welcome new partner companies in the time to come,” said Geir Karlsen, CEO of Norwegian. 

“The deal marks an important part of history for our two Nordic companies, which both have a legacy of challenging our own industries. Norwegian shares our desire to develop innovative and better solutions for our guests and members, and our partnership is a strategic and cultural fit that will create enormous synergies for our members and partners. From the beginning, our clear ambition has been to create a shared loyalty currency and platform which will turbocharge Norwegian and Strawberry's membership programmes, as well as to attract new and valuable partners to the ecosystem. When we enter the market with the Nordics' new loyalty currency, all our members will have access to endless possibilities of travel, spa, restaurants, hotels, and much more, and the journey has just begun,” said Petter A. Stordalen, founder and owner of Strawberry.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian, Tel: +47 906 64 401 Hans-Jørgen Wibstad, CFO at Norwegian, Tel: +47 916 89 661

Fornebu, 14 May 2024 Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

On 26 April 2024, a total of 114,660 shares were purchased on behalf of employees in Norwegian Air Shuttle participating in the company's Employee Share Savings Plan. The average purchase price was NOK 15.0998 per share.

On behalf of primary insider Geir Olav Øien, the company has purchased 297 shares. The new holding is 7,209 shares.

On behalf of primary insider Eric Holm, the company has purchased 297 shares. The new holding is 620 shares.

On behalf of primary insider Magnus Thome Maursund, the company has purchased 297 shares. The new holding is 5,025 shares.

On behalf of primary insider Knut Olav Irgens Høeg, the company has purchased 395 shares. The new holding is 240,589 shares.

On behalf of primary insider Katrine Gundersen, the company has purchased 594 shares. The new holding is 2,561 shares.

On behalf of primary insider Christoffer Sundby, the company has purchased 693 shares. The new holding is 341,244 shares.

Please see attached notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.

Fornebu, 26 April 2024 Norwegian Air Shuttle ASA

Norwegian recorded an operating loss (EBIT) of NOK 763 million for the group in the first quarter of 2024. The results were significantly improved compared to first quarter 2023, even though this quarter was impacted by a weaker Norwegian krone. Norwegian’s liquidity position improved to NOK 10.4 billion in a quarter which includes the successful acquisition of Widerøe.

For the first quarter of 2024, the Norwegian Group had an operating loss (EBIT) of NOK 763 million, compared to an operating loss of NOK 916 million in the same quarter last year. Operating profit was negatively impacted by currency revaluation effects resulting in a net loss of NOK 126 million for other losses/(gains) this quarter. Norwegian’s liquidity position improved through the first quarter to NOK 10.4 billion, including cash settlement for the Widerøe acquisition. The Norwegian Group fleet, including Widerøe, comprised a total of 136 aircraft, 87 aircraft for Norwegian and 49 for Widerøe.

“The significant improvement compared to 2023 is a clear sign that our many initiatives, both on revenues and costs, have the desired effect and move us in the right direction. Furthermore, we have increased our capacity for the season ahead with new routes and frequencies and are very much looking forward to welcoming a busy summer flying passengers to attractive destinations all over Europe,” said Geir Karlsen, CEO of Norwegian.

In the first quarter of 2024, Norwegian Group had 4.8 million passengers. 4.0 million were passengers of Norwegian and 0.8 million of Widerøe. For Norwegian, the capacity was up 3 percent from last year and down 13 percent from the previous quarter as capacity was adjusted to match the seasonally lower demand. The quarterly load factor was up four percentage points for both airlines, at 85 and 67 percent for Norwegian and Widerøe respectively. Winter weather and storms significantly affected operating performance for both airlines. Punctuality, the share of flights departing within 15 minutes of schedule, was 81.1 percent for Norwegian and 80.0 percent for Widerøe.

Widerøe acquisition moving the Group forward

Norwegian completed the acquisition of Widerøe on 12 January 2024, becoming the sole owner of the regional carrier. This quarter marked the last quarter that Widerøe operated under the previous Public Service Obligation (PSO) tender contracts. From 1 April, the new PSO tender came into effect, a tender which entails a 50 percent reduction in maximum prices and a six percent increase in capacity for Widerøe.

“Together with the Widerøe organisation, we are exploring how the acquisition can help create a much better offering for existing and new customers. This includes looking for opportunities to create more seamless travel from regional Norway to international destinations. We will create significant synergies together, both commercially and for operational efficiency, and have already capitalised on initial opportunities. Furthermore, we are eager to see how the new PSO tender will affect the rest of the year,” said Geir Karlsen, CEO of Norwegian.

Looking ahead to 2024 and the summer season

31 March marked the start of the 2024 summer season, which initiates a significant ramp-up for Norwegian with new routes, destinations, and the opening of new bases at Riga and Palma de Mallorca. The important Easter travel week fell earlier this year, providing an extra demand boost during March. Norwegian flew all international flights during Easter, with zero cancellations, bringing passengers from all over Europe to their holiday destinations.

The Norwegian fleet is forecasted to remain at 87 aircraft through the peak summer season, while the overall production for 2024 is forecasted to grow by approximately 12 percent compared to the previous year.

For detailed information, please see attached report and presentation.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 25 April 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 25 April 2024 at 07:00 CEST.

The Annual General Meeting of Norwegian Air Shuttle ASA will be held on 15 May 2024 at 14:00 CEST.

The annual general meeting will be held digitally through Lumi. It will not be possible to attend in person. For digital participation, please use the link https://dnb.lumiagm.com/176330911. Reference and PIN codes to the meeting are available on VPS Investor Services, or in the form attached to the notice to the individual shareholder. Shareholders may vote in advance, or submit a proxy, with or without voting instructions, by 13 May 2023 at 23:59 CEST.

The notice is attached, and all relevant documents can be found at https://www.norwegian.no/om-oss/selskapet/investor-relations/annual-general/.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 22 April 2024 Norwegian Air Shuttle ASA

Norwegian will release the financial results for the first quarter of 2024 on Thursday 25 April 2024. The report and presentation will be made available at 7:00 CET at www.norwegian.no/om-oss/selskapet/investor-relations/ and on NewsWeb. The Company will present the results at 8:30 CET at House of Oslo, Ruseløkkveien 34, Oslo. The presentation will be held by CEO Geir Karlsen and CFO Hans-Jørgen Wibstad.

A live webcast will be available at www.norwegian.no/om-oss/selskapet/investor-relations/.

In addition to questions from the audience, we will open up for questions sent to investor.relations@norwegian.com with subject "Question Q1 presentation". Please note that questions from the audience will be prioritised in the event of time constraints.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA
Fornebu, 18 April 2024

Norwegian Air Shuttle’s Annual Report for 2023, including the Environmental, Social and Governance (ESG) report, has been published today. The report is attached as a pdf file and in European Single Electronic Format (ESEF). The report is also available on Norwegian’s website.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 17 April 2024
Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

In March, Norwegian had 1,544,289 passengers, while Widerøe had 276,413 passengers, totalling 1,820,702 for the group. The load factor for Norwegian increased to 85 percent, up 4 percentage points compared to March last year. Norwegian recorded a strong regularity of 99.6 percent in March, while on-time performance also improved compared to previous months.

“We are delighted to publish strong traffic figures yet again, this month got an extra boost thanks to the early Easter holiday. The high regularity we had in March reflects the great work all our colleagues do every day to make sure our customers can trust Norwegian for all their travels. This is especially important over Easter with so many customers having planned their vacation trips, and I am proud to say that we had zero cancellations for all our international flights. We are now looking ahead to the next vacation season and are this week kicking off with a "Spring Sale" campaign. The booking trends for the summer season are beginning to look very good, but we naturally anticipate a weaker April as a result of the Easter holiday coming early this year,” said Geir Karlsen, CEO of Norwegian.

Norwegian had 1,544,289 passengers in March. The capacity (ASK) was 2,441 million seat kilometres, up 4 percent from the same period last year. Actual passenger traffic (RPK) was 2,075 million seat kilometres. Unit revenue including flight related ancillary revenue is estimated at NOK 0.78, up 19 percent. In March, Norwegian operated an average of 73 aircraft with a regularity, meaning the share of scheduled flights taking place, of 99.6 percent. The punctuality, which is the share of flights departing within 15 minutes of scheduled time, was 86.7 percent, up 6 percentage points from March 2023.

Carbon emissions reducing

During March, CO2 emissions per actual passenger kilometre (grams of CO2 per RPK), was reduced by 10 percent compared to the same period last year. In total this amounts to a reduction of about 250,000 passenger round-trips from Oslo to Bergen.

“We are very pleased to see that our work to reduce carbon emissions is paying off. The newer fleet contributes to this, in combination with better planning resulting in higher a load factor. In addition, we are continuously working on optimising our flight patterns with the help of advanced digital tools, to further reduce fuel consumption. We have set an ambitious target of cutting emissions by 45 percent by 2030, and we believe that our combination of fleet renewal, operational efficiency and the use of sustainable aviation fuels (SAF) is the way to reach these targets,” said Geir Karlsen, CEO of Norwegian.

Widerøe had 276,413 passengers this month, while the load factor increased by 6 percentage points to 70 percent. This month also saw a marked improvement in operating performance with improving regularity and a strong punctuality of 89 percent.

See detailed traffic figures in the attached PDF.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 5 April 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 5 April 2024 at 08:00 CET.

Reference is made to the Norwegian Air Shuttle ASA (the "Company") FRN perpetual subordinated convertible bond loan with ISIN NO 0010996440, ISIN NO 0010996432, ISIN NO 0011157331 and ISIN NO 0011157356 in the outstanding amount of NOK 1,512,067,553 (the "New Capital Perpetual Bonds").

The Company has received conversion notices from bondholders representing NOK 11,052,496, which pursuant to standard terms set out in the bond terms are convertible into 1,177,048 new shares in the Company.

Following the conversion, the Company has New Capital Perpetual Bonds in issue in the nominal amount of NOK 1,501,015,057. The remaining New Capital Perpetual Bonds may be converted into approximately 159.9 million shares in the Company at a conversion price of NOK 9.39, subject to anti-dilution provisions.

The Company’s share capital is increased by NOK 117,704.80 by issue of 1,177,048 shares. The capital increase pertaining to the conversion of the New Capital Perpetual Bonds has today been registered in the Norwegian Register of Business Enterprises (Norwegian: Foretaksregisteret). The Company’s new share capital is NOK 96,388,046.20 divided into 963,880,462 shares, each with a nominal value of NOK 0.10.

Issuance of the new shares in the VPS is expected to take place later today.

For further information, please contact:
Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel +47 906 64 401

Fornebu, 21 March 2023 Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Primary insider Guro Halvorsen Poulsen, Chief People Officer, has today sold 60,000 shares at a price of NOK 17.63 per share. Following the transaction, Mrs. Poulsen holds 187,863 options and 176,808 shares in the company.

Fornebu, 11 March 2023
Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

Folketrygdfondet har i dag, 8. mars 2024, kjøpt 5.000.000* aksjer i Norwegian Air Shuttle ASA. Etter kjøpet har Folketrygdfondet netto 52.732.100 aksjer, tilsvarende 5,48% av aksjene i selskapet.

Folketrygdfondet har i dag, 7. mars 2024, lånt ut 5.000.000 aksjer i Norwegian Air Shuttle ASA. Etter utlånet har Folketrygdfondet netto 47.732.100 aksjer, tilsvarende 4,96% av aksjene i selskapet.

In February, Norwegian had 1,281,212 passengers, while Widerøe had 257,826 passengers, totalling 1,539,038 passengers for the group. Norwegian increased its load factor to 86 percent in February, up 2 percentage points compared to the same period last year and close to the highest ever load factor Norwegian has recorded for the month of February.

“We are delighted to once again publish strong traffic figures, demonstrating the continued trust and value our customers place on the Norwegian product and our colleagues. A load factor of 86 percent is close to the highest ever recorded for the month of February. Booking trends continue to be solid across all markets and many flights are selling out for the Easter holiday period. We are grateful for the increasing number of passengers that choose to fly Norwegian, and look forward to welcoming them on board," said Geir Karlsen, CEO of Norwegian.

Norwegian had 1,281,212 passengers in February. The capacity (ASK) was 1,951 million seat kilometres, up 7 percent from the same period last year. Actual passenger traffic (RPK) was 1,676 million seat kilometres. Unit revenue including flight related ancillary revenue is estimated at NOK 0.72, up 12 percent. In February, Norwegian operated an average of 68 aircraft with a regularity, meaning the share of scheduled flights taking place, of 99.4 percent. Punctuality, which is the share of flights departing within 15 minutes of scheduled time, was 81 percent.

Norwegian and Widerøe cooperation bearing fruits

The cooperation with Widerøe is moving forward. In February Norwegian Red Handling took over the ground services for Widerøe at Alicante and Widerøe Ground Handling now handles Norwegian at the airports of Molde, Trondheim, Stavanger, Bodø, Haugesund and Ålesund.

” The acquisition of Widerøe is already bearing fruits as we continue to capture synergies across various areas. We look forward to continue to capitalise on best practices and improving the cooperation to the benefit of all customers, colleagues and other stakeholders,” said Geir Karlsen, CEO of Norwegian.

The attached monthly traffic report does this month also include historic traffic numbers for Widerøe for the period January 2022 to December 2023. For the month of February, Widerøe increased its production with 8 percent compared with the same period last year, while the load factor increased 2 percentage points to 67 percent.

See detailed traffic figures in the attached PDF.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 6 March 2024
Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 6 March 2024 at 08:00 CET.

Reference is made to the Norwegian Air Shuttle ASA (the "Company") FRN perpetual subordinated convertible bond loan with ISIN NO 0010996440, ISIN NO 0010996432, ISIN NO 0011157331 and ISIN NO 0011157356 in the outstanding amount of NOK 1,520,823,817 (the "New Capital Perpetual Bonds").

The Company has received conversion notices from bondholders representing NOK 8,756,264, which pursuant to standard terms set out in the bond terms are convertible into 932,508 new shares in the Company.

Following the conversion, the Company has New Capital Perpetual Bonds in issue in the nominal amount of NOK 1,512,067,553. The remaining New Capital Perpetual Bonds may be converted into approximately 161.0 million shares in the Company at a conversion price of NOK 9.39, subject to anti-dilution provisions.

The Company’s share capital is increased by NOK 93,250.80 by issue of 932,508 shares. The capital increase pertaining to the conversion of the New Capital Perpetual Bonds has today been registered in the Norwegian Register of Business Enterprises (Norwegian: Foretaksregisteret). The Company’s new share capital is NOK 96,270,341.40 divided into 962,703,414 shares, each with a nominal value of NOK 0.10.

Issuance of the new shares in the VPS is expected to take place later today.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel +47 906 64 401

Fornebu, 28 February 2023 Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

On 20 February 2024, a total of 109,771 shares were purchased on behalf of employees in Norwegian Air Shuttle participating in the company's Employee Share Savings Plan. The average purchase price was NOK 17.2213 per share.

On behalf of primary insider Geir Olav Øien, the company has purchased 260 shares. The new holding is 6,912 shares.

On behalf of primary insider Eric Holm, the company has purchased 260 shares. The new holding is 260 shares.

On behalf of primary insider Magnus Thome Maursund, the company has purchased 260 shares. The new holding is 4,622 shares.

On behalf of primary insider Knut Olav Irgens Høeg, the company has purchased 347 shares. The new holding is 240,194 shares.

On behalf of primary insider Katrine Gundersen, the company has purchased 930 shares. The new holding is 1,967 shares.

On behalf of primary insider Christoffer Sundby, the company has purchased 607 shares. The new holding is 340,551 shares.

Please see attached notifications for persons discharging managerial responsibilities in accordance with Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian Securities Trading Act.

Fornebu, 21 February 2024
Norwegian Air Shuttle ASA

This release is an announcement issued pursuant to legal information obligations and is subject of the disclosure requirements pursuant to the Market Abuse Regulation (MAR) Article 19 no. 3 and section 5-12 of the Norwegian Securities Trading Act, and was prepared by Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA, tel. +47 906 64 401.

Norwegian will release the financial results for the fourth quarter of 2023 on Friday 16 February 2024. The report and presentation will be made available at 7:00 CET at www.norwegian.no/om-oss/selskapet/investor-relations/ and on newsweb. The Company will present the results at 8:30 CET at House of Oslo, Ruseløkkveien 34, Oslo. The presentation will be held by CEO Geir Karlsen and CFO Hans-Jørgen Wibstad.

A live webcast will be available at www.norwegian.no/om-oss/selskapet/investor-relations/.

In addition to questions from the audience, we will open up for questions sent to investor.relations@norwegian.com with subject "Question Q4 presentation". Please note that questions from the audience will be prioritised in the event of time constraints.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401
Norwegian Air Shuttle ASA Fornebu, 9 February 2024

In January, Norwegian Air Shuttle had 1,138,621 passengers, while Widerøe had 246,326 passengers. This means that the Norwegian Group had 1,384,947 passengers in total. Norwegian increased its load factor to 83.1 percent in January, up 5 percentage points compared to the same period last year.

"For the first time, our traffic figures include those of Widerøe, and in total, Norwegian and Widerøe had 1.4 million passengers on board in the first month of the year. For Norwegian, it is very positive that the load factor increased by five percentage points compared to January last year. Demand to beach destinations continues to perform in the high-end of our expectations with many of our customers opting for some warmer Mediterranean weather," said Geir Karlsen, CEO of Norwegian.

Norwegian had 1,138,621 passengers in January. The capacity (ASK) was 1,820 million seat kilometres, down 3 percent from the same period last year. Actual passenger traffic (RPK) was 1,512 million seat kilometres. Unit revenue including flight related ancillary revenue is estimated at NOK 0.68, up 22 percent. In January, Norwegian operated an average of 63 aircraft with a regularity, meaning the share of scheduled flights taking place, of 99.0 percent. Punctuality was affected by the severe winter weather and the share of flights departing within 15 minutes of scheduled time was 76.7 percent.

“Our operations during the winter season are affected by seasonal weather and particular winter storms. I would like to give thanks to the tireless effort of our colleagues, who have ensured that our disruptions are kept to a minimum, to the benefit of our many customers,” said Geir Karlsen, CEO of Norwegian.

For 2024, Norwegian have hedged jet fuel corresponding to approximately 50 percent of projected consumption at levels close to current forward prices.

In December, the Norwegian Competition Authority approved Norwegian’s acquisition of Widerøe, and the transaction was completed 12 January. Work has already begun to ensure that organisations deliver on shared goals with the aim of delivering better overall customer offerings with seamless travel and increased travel options One example involves the changing of Norwegian’s ground handling provider to Widerøe Ground Handling, which took effect from 1 February at many airports across Norway.

The attached report on the monthly traffic numbers now also includes numbers from Widerøe which is attached on page two. Widerøe increased its production in January with 4 percent compared with the same period last year, while the number of passengers increased with 8 percent. The load factor was up 3 percentage points.

See detailed traffic figures in the attached PDF.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 6 February 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 6 February 2024 at 08:00 CET.

Reference is made to Norwegian’s results announcement for third quarter of 2023 on 2 November 2023, in which the company provided a results outlook forecasting an operating profit (EBIT) of NOK 1.8 to 2.0 billion for the full-year of 2023 and a unit cost excluding fuel of NOK 0.47 to 0.48 per available seat kilometre (ASK).

Norwegian is now forecasting operating profit (EBIT) for the full-year of 2023 of approximately NOK 2.2 billion and a unit cost excl. fuel of approximately NOK 0.48. The improvement in the results outlook is predominately an effect of stronger than anticipated traffic demand in November and December of 2023, the settlement of a trademark dispute with Bank Norwegian as announced on 7 November 2023 and compensation related to aircraft delivery delays. Favourable development in the price of jet fuel and foreign exchange rates have also had a positive impact on the results outlook.

The company will publish its results for the fourth quarter and full-year 2023 on Friday 16 February 2024.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 24 January 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 24 January 2024 at 08:30 CET.

Folketrygdfondet har i dag, 16.01.2024, kjøpt 241.510 aksjer i Norwegian Air Shuttle ASA og eier etter dette netto 48.204.529 aksjer i selskapet, tilsvarende en eierandel på 5,01%.

Reference is made to the stock exchange announcement dated 6 July 2023, in which Norwegian Air Shuttle ASA (“Norwegian”) announced its agreement to acquire Widerøe AS (“Widerøe”), and to the stock exchange announcement 21 December 2023, in which Norwegian announced the approval by the Norwegian Competition Authority of the acquisition.

Norwegian has today completed the acquisition, becoming Widerøe’s sole owner. The purchase price of NOK 1,125 million remains subject to certain adjustments, to be finally determined at a later stage.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 12 January 2024 Norwegian Air Shuttle ASA

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Pursuant to the stock exchange notice dated 8 January 2024, where Norwegian Air Shuttle ASA ("Norwegian" or the "Company") instructed Nordic Trustee AS to summon a written resolution for the Company’s senior unsecured bonds maturing 30 September 2026 (ISIN NO 001 0996457) (the “Retained Claims Bonds”), Norwegian announces today that the proposed resolution as defined in the summons was adopted according to the voting requirements of the bond terms.

The notice from the written resolution is attached to this release.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA Fornebu, 8 January 2024

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Norwegian Air Shuttle ASA (“Norwegian” or the “Company”) has today instructed Nordic Trustee AS to summon a written resolution for the Company’s senior unsecured bonds maturing 30 September 2026 (ISIN NO 001 0996457) (the “Retained Claims Bonds”).

The purpose of the written resolution is to consider a proposal for certain amendments to the bond terms (the “Proposal”) following the acquisition of Widerøe, the regional Norwegian carrier. The Proposal will facilitate operational flexibility for Widerøe and ascertaining stand-alone financing in order to support Widerøe as a separate business unit.

The Company has received the support of more than 2/3 of the bondholders.

The written resolution, including details of the Proposal, is attached to this release.

The Company has retained DNB Markets as Financial Advisor with respect to the Proposal.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Norwegian Air Shuttle ASA Fornebu, 8 January 2024

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

In December, Norwegian had more than 1.3 million passengers and recorded a strong load factor of 83.6%, 6 percentage points higher than December 2022. Throughout 2023, Norwegian carried over 20 million passengers, a 16 percent increase from the previous year.

“With 1.3 million passengers in December, a total of more than 20 million passengers chose to travel with us in 2023. Our load factor has increased significantly from December 2022, and I am happy to see these solid results in combination with future bookings picking up after the holidays. Our customers are now planning and booking their next travel adventure with many taking advantage of our New Year’s sale that was launched recently,” said Geir Karlsen, CEO of Norwegian.

Norwegian had 1,308,441 passengers in December, close to the same number as in December 2022. The capacity (ASK) was 2,013 million seat kilometres, down five percent from the same period last year. Actual passenger traffic (RPK) was 1,684 million seat kilometres. Unit revenue (RASK) is estimated at NOK 0.64, while unit revenue including flight related ancillary revenue is estimated at NOK 0.76. In December, Norwegian operated an average of 65 aircraft with a regularity, meaning the share of scheduled flights taking place, of 99.5 percent. Punctuality was affected by the winter storm Pia and the share of flights departing within 15 minutes of scheduled time was 70.4 percent. However, 93 per cent of all departed flights arrived on schedule or within one hour of scheduled arrival time.

For 2023 as a whole, Norwegian had 20.6 million passengers, an increase of 16 percent from the previous year, the capacity was up by a total of 18 percent, while the load factor increased by 2 percentage points to 84.7percent.

“Winter storm Pia challenged our operations a few days prior to Christmas, but thanks to the relentless effort and meticulous planning by colleagues across the business, we managed to add several extra flights and get passengers home in time for their Christmas celebrations,” said Karlsen.

In December, the Norwegian Competition Authority (NCA) approved Norwegian’s acquisition of Widerøe, and the transaction will be implemented later this month. The two companies complement each other well and will create a streamlined and more comprehensive offering for all customers.

In December, Norwegian launched new routes from cities in Norway to Rhodes, Palma de Mallorca, Edinburgh and Istanbul. The flight schedule for summer 2024 offers more than 330 routes to more than 120 destinations.

See detailed traffic figures in the attached PDF.

For further information, please contact: Jesper M. Hatletveit, Investor Relations at Norwegian Air Shuttle ASA Tel: +47 906 64 401

Fornebu, 5 January 2024 Norwegian Air Shuttle ASA

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. This stock exchange announcement was published by Jesper M. Hatletveit, VP Investor Relations at Norwegian Air Shuttle ASA, on 5 January 2023 at 08:00 CET.